Noynoy to address real estate sector today

MANILA, Philippines - The 4th Philippine Real Estate Festival (PREF) exhibit and forum opens today at the World Trade Center with President Aquino III to address the annual real estate sector national event as guest of honor and speaker.

Vice-President Jejomar C. Binay, concurrent chairman of the Housing & Urban Development Coordinating Council (HUDCC), will head the ribbon cutting, and deliver the opening remarks.

Former President Fidel Ramos, will be the guest of honor and speaker on the final day ceremony and announcement of the winners of the Real Estate Excellence Awards.

Leaders of major real estate amd tourism companies and other related industries, including banks and concerned government agencies such as Pag-IBIG Fund will be available to receive guests and prospective buyers during the three-day real estate special sale where special discounts of as much as 10 percent and easier financing terms will be available to those who buy their jousting units during the three-day festival.

International speakers, together with top Philippine industry leaders will speak on international perspectives of developing real estate and tourism with possible prospects of forging joint venture agreements and other collaborations.

The real estate program includes an ASEAN Fiesta to be attended by diplomats and leading entrepreneurs and business managers in the leisure and tourism business.

Festival chairperson Rosemarie C. Basa says the real-estate-tourism festival aims to focus national attention on the growth potentials for the tourism industry as another engine of growth for the national economy, under the theme: “Global Tourism and Real Estate Development – Sunrise Industries for the Philippine Economy”.